Granite Oil Corp is a Canada-based junior oil producer that owns and operates Alberta Bakken oil pool in southern Alberta discovered by Granite. The Companyâ€™s Alberta Bakken oil pool stretches over a 30-mile fairway, and produces medium-gravity (30-32Â° API), crude oil. It has produced over 6.0 million barrels of crude oil, and has achieved production rates in excess of 4,000 barrels of oil per day.

Employees

Sector

Oil & Gas Exploration and Production

More about the company

Delayed Toronto S.E. 15:21:05 2020-03-09 EDT			5-day change	1st Jan Change
0.9400 ^CAD	-.--%		+1.08%	+44.62%

20-03-04	International Petroleum Corporation completed the acquisition of Granite Oil Corp. from GMT Capital Corp. and others.	CI
20-01-19	International Petroleum Corporation entered into an arrangement agreement to acquire Granite Oil Corp. from GMT Capital Corp. and others for CAD 37.2 million.	CI

Market Cap	25.39M 21.84M 20.6M 18.77M 35.09M 2.43B 35.4M 245M 94.43M 1.23B 95.34M 93.26M 3.91B	P/E 2017	-19.2x	P/E 2018	27.5x
Enterprise Value	71.06M 61.11M 57.66M 52.53M 98.2M 6.79B 99.09M 687M 264M 3.45B 267M 261M 10.95B	EV / Sales 2017	3.63x	EV / Sales 2018	2.04x
Free-Float	90.41%	Yield 2017	13.1%	Yield 2018	43.6%

20-03-04	International Petroleum Corporation completed the acquisition of Granite Oil Corp. from GMT Capital Corp. and others.	CI
20-01-19	International Petroleum Corporation entered into an arrangement agreement to acquire Granite Oil Corp. from GMT Capital Corp. and others for CAD 37.2 million.	CI
19-12-02	Granite Oil Corp. Announces Fall Borrowing Base Redetermination	CI
19-11-05	Granite Oil Corp. Reports Production Results for the Third Quarter and Nine Months Ended September 30, 2019	CI
19-11-05	Granite Oil Corp. Reports Earnings Results for the Third Quarter Ended September 30, 2019	CI
19-08-12	Granite Oil Corp. Reports Earnings Results for the Second Quarter Ended June 30, 2019	CI
19-05-15	Granite Oil Corp. Announces Credit Facility Renewal	CI
19-05-08	Granite Oil Corp. Reports Unaudited Earnings and Operating Results for the First Quarter Ended March 31, 2019	CI
19-05-01	Granite Oil Corp. Announces Executive Changes	CI
19-05-01	Granite Oil Corp. Provides 2019 Well Test Results	CI
19-03-21	Granite Oil Corp. Reports Audited Earnings and Operating Results for the Year Ended December 31, 2018	CI
19-01-17	Granite Oil Corp. announced that it has received CAD 1.997171 million in funding from GMT Capital Corp.	CI
18-12-20	Granite Oil Corp. announced that it expects to receive CAD 1.56 million in funding from GMT Capital Corp.	CI

20-03-09	International Petroleum : IPC Announces Completion of Acquisition of Light Oil Assets in Southern Alberta	AQ
20-03-06	Granite Oil : International Petroleum Corp. Announces Completion of Acquisition of Light Oil Assets in Southern Alberta	AQ
20-02-03	Granite Oil : Day Two Keynote Speaker, Charlie Riedl with CLNG, Announced for EnerCom Dallas Energy Investment Conference, February 11-12, 2020	PR
20-01-30	Granite Oil : Day One Keynote Speaker, Chris Wright, Announced for EnerCom Dallas Energy Investment Conference, February 11-12, 2020	PR
20-01-20	Granite Oil Corp. Agrees to Sale to International Petroleum Corporation For $0.95 Cash Per Share	GL

Granite Oil Corp. Stock

Stocks

GXO

CA38742A1003

Oil & Gas Exploration and Production

Valuation : Granite Oil Corp.

Latest news : Granite Oil Corp.

Press Releases : Granite Oil Corp.

Managers and Directors : Granite Oil Corp.

Latest insider transactions

Oil Exploration & Production - Onshore

Financials

Company Profile

Manager	Title	Age	Since
Michael Kabanuk CEO	Chief Executive Officer	55	2015-05-14
Jack Smith DFI	Director of Finance/CFO	-	2019-04-30
Devon Griffiths COO	Chief Operating Officer	-	2018-08-08

Director	Title	Age	Since
Martin Cheyne BRD	Director/Board Member	65	2007-01-23
Michael Kabanuk BRD	Director/Board Member	55	2015-05-14
Brendan Carrigy CHM	Chairman	65	2015-05-14

Date	Insider	Type	Main position	Quantity	% Market Cap.
3/20/20	GMT Capital Corp.	Option	Company	268,753	0.6933%
3/20/20	GMT Capital Corp.	Option	Company	1,489,222	3.8417%
3/20/20	GMT Capital Corp.	Option	Company	1,462,651	3.7732%

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
GRANITE OIL CORP.	-.--%	+1.08%	-	-	26.28M
ATHABASCA OIL CORPORATION	0.00%	+2.22%	+73.43%	+181.38%	3.84B
TOPAZ ENERGY CORP.	-0.13%	-2.13%	+22.44%	+40.90%	3.5B
PAREX RESOURCES INC.	-1.69%	-1.59%	+65.79%	+8.88%	1.98B
ZHONGMAN PETROLEUM AND NATURAL GAS GROUP CORP.,LTD.	-2.46%	+7.72%	+20.34%	+16.90%	1.65B
SURGE ENERGY INC.	+2.26%	+10.11%	+80.21%	+40.07%	876M
GREENFIRE RESOURCES LTD.	-2.19%	+0.81%	+31.03%	-42.08%	784M
MATEN PETROLEUM	-20.00%	-20.00%	-24.75%	-32.46%	732M
PETRORECONCAVO S.A.	+2.54%	+2.36%	-10.41%	-46.94%	674M
LOGAN ENERGY CORP.	+1.69%	+2.56%	+55.84%	+13.21%	601M
Average	-2.00%	-1.05%	+34.88%	+19.98%	1.47B
Weighted average by Cap.	-1.33%	-0.20%	+42.87%	+57.39%

	2017	2018
Net sales	39.24M 33.74M 31.84M 29M 54.22M 3.75B 54.71M 379M 146M 1.9B 147M 144M 6.04B	32.46M 27.91M 26.34M 23.99M 44.85M 3.1B 45.26M 314M 121M 1.57B 122M 119M 5B
Net income	-5.51M -4.74M -4.47M -4.07M -7.61M -527M -7.68M -53.23M -20.49M -267M -20.68M -20.23M -848M	753K 648K 611K 557K 1.04M 71.99M 1.05M 7.28M 2.8M 36.52M 2.83M 2.77M 116M
Net Debt	35.68M 30.68M 28.95M 26.38M 49.3M 3.41B 49.75M 345M 133M 1.73B 134M 131M 5.5B	45.67M 39.28M 37.06M 33.76M 63.11M 4.37B 63.69M 441M 170M 2.21B 172M 168M 7.04B